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Employment contracts can shape compensation, severance, termination rights, restrictive covenants, and other important terms before and after a working relationship ends. Lipsky Lowe LLP reviews and negotiates employment agreements for New York City employees, executives, professionals, and independent contractors.
Before signing an offer letter, employment agreement, or independent contractor contract in New York City, you should know how its terms affect your compensation, termination rights, and ability to work elsewhere later. An employment attorney can identify unfavorable or unclear provisions and help negotiate salary, bonuses, commissions, severance, restrictive covenants, and other important terms before you become legally bound by them.
Lipsky Lowe LLP has more than 40 years of combined experience representing New York employees, executives, and professionals in employment matters. We regularly review and negotiate agreements involving complex compensation structures, restrictive covenants, termination provisions, and independent contractor relationships.
Our attorneys can:
A contract review is not simply about identifying problematic language. At Lipsky Lowe, we help clients determine which provisions matter most and where negotiation may improve their position. Contact us today to arrange a review of your employment contract.
An offer letter may look straightforward, but it can establish important terms before a more detailed employment agreement is presented. Employees should confirm that the document accurately reflects what was discussed during negotiations.
Important provisions include salary, job title and responsibilities, start date, benefits, bonuses, equity, work location, and whether employment is at will. If the employer made verbal promises about compensation, remote work, promotion opportunities, or other benefits, determine whether those commitments appear in writing.
Employees should also determine whether the offer letter incorporates other documents by reference. An arbitration agreement, compensation plan, employee handbook, or restrictive covenant may impose obligations that are not obvious from the offer letter itself.
Base salary is usually straightforward. Variable compensation often is not.
Bonus and commission provisions should explain how compensation is earned, when it becomes payable, and what happens if employment ends before payment. Language giving an employer complete discretion over a bonus can create a very different right than a formula-based incentive tied to measurable performance.
Executives should pay particular attention to equity awards, vesting schedules, deferred compensation, clawback provisions, and change-in-control terms. Sales professionals should confirm how commissions are calculated and whether they remain payable for deals completed shortly before departure.
Ambiguous compensation language can lead to significant disputes later. The best time to clarify it is before signing.
Employment agreements may contain restrictions that continue after employment ends. These can include non-compete, non-solicitation, confidentiality, and trade secret provisions.
New York does not automatically enforce every restrictive covenant. Whether a restriction is enforceable depends on its language, the interests the employer is protecting, and whether its scope is reasonable under applicable law.
Employees should pay particular attention to provisions that broadly restrict the clients they may contact, companies they may join, employees they may recruit, or information they may use after leaving. Even when a provision may ultimately be challenged, dealing with a restrictive covenant after accepting another position can be expensive and disruptive.
Employees often think about severance only when employment ends. For executives and other professionals with negotiating leverage, however, the original employment agreement may determine whether severance will be available later.
A contract may specify what happens if the employer terminates the employee without cause or if the employee resigns for a defined “good reason.” It may also address salary continuation, bonuses, benefits, equity treatment, and obligations imposed in exchange for severance.
Definitions matter. An agreement that defines “cause” too broadly may make severance easier for the employer to deny. Likewise, a narrow definition of “good reason” may limit an executive’s ability to leave after a material reduction in responsibilities or compensation.
Independent contractors, freelancers, and consultants are frequently presented with agreements that allocate substantial risk to the worker. These contracts may determine payment schedules, ownership of work product, indemnification obligations, confidentiality requirements, and termination rights.
Contractors should also determine whether their working relationship matches their classification. Calling someone an independent contractor in an agreement does not necessarily make that classification legally correct.
Lipsky Lowe reviews contractor agreements for payment terms, project scope, intellectual property provisions, liability clauses, termination rights, and potential misclassification issues. New York and NYC freelance worker protections may also impose written-contract and payment requirements depending on the arrangement.
Certain provisions deserve closer attention before signing, including:
A concerning clause does not necessarily mean you should reject the job. It may identify an issue worth clarifying or negotiating before accepting the agreement.
The terms you accept at the beginning of an employment relationship can determine what you are paid, what happens if the relationship ends, and what restrictions follow you to your next opportunity. Reviewing those terms before signing gives you the opportunity to address problems while negotiation is still possible.
Lipsky Lowe advises New York City employees, executives, professionals, and independent contractors on employment agreements and contract negotiations. Contact us today for a confidential consultation so an NYC employment contract attorney can review your agreement before you sign.
Legal review can be particularly valuable when an offer includes bonuses, commissions, equity, severance, restrictive covenants, arbitration requirements, or other terms with significant financial or career consequences.
Yes. Depending on the position and circumstances, employees may be able to negotiate compensation, severance, termination provisions, restrictive covenants, equity terms, and other provisions before signing.
That depends on the language of the agreement, when the compensation becomes earned, and applicable New York law. Clearly defining bonus and commission terms before signing can reduce later disputes.
Contract review can be especially important for independent contractors because agreements often address payment, intellectual property, liability, termination, and restrictive covenants. An attorney can also evaluate whether the contractor classification accurately reflects the working relationship.